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ending the payroll tax break, ending jobless benefits and they get the opportunity to create a new debt ceiling crisis in a few months. that's on the republican side, what the republicans get in their proposal. what do the democrats get in their proposal? they get this. a promise to end undefined tax deductions and loopholes of some kind at some point maybe next year. ta da! a fair and balanced middle ground. >> unfortunately, the speaker's proposal right now is still out of balance. >> yes. balance. here's the amazing part, though. after congressional republicans released their plan yesterday, which gives them everything they want and promises democrats that they might get something undefined that they might want maybe some time in the future. we'll talk about it later. after they put forth that sweet deal, this was the reaction from the beltway's conservative class. this is genius. sadly, this plan leaves conservatives wanting. wanting what exactly? the declaration that mitt romney is actually president? wanting what? a pony? there's a conservative guy who didn't get his pony. let's a
ending the payroll tax break, ending jobless benefits and they get the opportunity to create a new debt ceiling crisis in a few months. that's on the republican side, what the republicans get in their proposal. what do the democrats get in their proposal? they get this. a promise to end undefined tax deductions and loopholes of some kind at some point maybe next year. ta da! a fair and balanced middle ground. >> unfortunately, the speaker's proposal right now is still out of balance....
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Dec 5, 2012
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president obama warns republicans not to create another debt ceiling crisis as a tactic in the budget talks. >> that is a bad strategy for america, it's a bad strategy for your businesses, and it is not a game that i will play. >> the speaker says the president's opening bid couldn't even pass the democratic led senate. boehner is ready for a sit down with the president. >> we can't sit here and negotiate with ourselves and if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> a rare senate appearance, by former majority leader bob dole wasn't enough to win over republican support for a treaty promising equal rights for people with disabilities. we'll talk with the leading sponsor john kerry about what he called one of the sadsest days of his long senate career. >> this vote is to test whether the senate will stand up for those who cannot see or hear and whether senators can hear the truth and see the facts. >> at nato today, secretary of state hillary clinton
president obama warns republicans not to create another debt ceiling crisis as a tactic in the budget talks. >> that is a bad strategy for america, it's a bad strategy for your businesses, and it is not a game that i will play. >> the speaker says the president's opening bid couldn't even pass the democratic led senate. boehner is ready for a sit down with the president. >> we can't sit here and negotiate with ourselves and if the president doesn't agree with our proposal and...
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Dec 5, 2012
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debt, raising rates. and responsible cuts on entitlements and discretionary spending versus republicans who are divided against something that is a chicken hawk when it comes to the deficits, that is the boehner approach, or the more extremist position which is absolutely nothing.ç so this is an extraordinary position for the republican party to have evolved into. >> you must respond to what julian just said. >> i like julian an awful lot but i think what he said is entirely wrong. it's fascinating president obama last july, july of 2011, said we can get $1.2 trillion in revenue where we don't have to raise marginal tax rates and close loopholes and julian says most economists agree, in fact, this won't add to the deficit. look, you're only talking about $89 billion a year of the tax dollars of top two drapes. julian and i will agree, however, this deal is not serious. you need to have a lot more on the table for entitlements and -- >> let me correct him on a couple of factual matters. we have already s
debt, raising rates. and responsible cuts on entitlements and discretionary spending versus republicans who are divided against something that is a chicken hawk when it comes to the deficits, that is the boehner approach, or the more extremist position which is absolutely nothing.ç so this is an extraordinary position for the republican party to have evolved into. >> you must respond to what julian just said. >> i like julian an awful lot but i think what he said is entirely...
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Dec 5, 2012
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it does not look like obama is ready to cave. if that forces republican leaders to compromise staunch conservatives will likely rebel. more "bill press" up after the break. we will be right back. exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. at cepacol we've heard people are going to extremes to relieve their sore throats. oh, okay, you don't need to do that. but i don't want any more of the usual lozenges and i want new cooling relief! ugh. how do you feel? now i'm cold. hmm. this is a better choice. new cepacol sensations cools instantly, and has an active ingredient t
it does not look like obama is ready to cave. if that forces republican leaders to compromise staunch conservatives will likely rebel. more "bill press" up after the break. we will be right back. exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave...
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Dec 5, 2012
12/12
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president obama is meeting with business leaders again today to talk about the consequences of going over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want party leaders to compromise anymore than they think they already have. even though the republican plan offers up $800 billion in new taxes wit
president obama is meeting with business leaders again today to talk about the consequences of going over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again...
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Dec 6, 2012
12/12
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. >> obama: if congress in any way suggests that they are going to tie negotiations to debt ceiling defaults, and take us to the brink of once again, as part of budget negotiations which by the way we have never done it in our history until we did it last year, i am not going to play that game. we have to break that habit before it starts. >> in other words homey don't play that. >> stephanie: exactly. [♪ "world news tonight" theme ♪] >> stephanie: i'm incredibly relieved to see rationality spreading throughout the republican party. he believes they are signalling interest in backing down on tax cuts for the wealthy. that's what representative welch said earlier on the show. he said they are going to cave. it's just a question of when. the president and boner talking about the fiscal cliff. >> they are talking on the phone. >> stephanie: no he drunk dialed him again. at all hours. >> as long as i'm there, it is open. [♪ "world news tonight" theme ♪] >> stephanie: president obama and the boner spoke by phone about the fiscal cliff. they provided no details about the negotiation, you k
. >> obama: if congress in any way suggests that they are going to tie negotiations to debt ceiling defaults, and take us to the brink of once again, as part of budget negotiations which by the way we have never done it in our history until we did it last year, i am not going to play that game. we have to break that habit before it starts. >> in other words homey don't play that. >> stephanie: exactly. [♪ "world news tonight" theme ♪] >> stephanie: i'm...
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Dec 4, 2012
12/12
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you were aware of this, senator obama was against -- >> we addressed that. there was no threat of default at the time. what happened in 2011, as we know, what happened, we lived it, most of us in this room, was the threat of default, a willingness expressed on the record and publicly by numerous members of congress to see the american's economy, and under defort, and with all of the consequent impacts on the global economy and the american middle class in order to achieve some sort of political victory that was driven by ideology and partisanship, enormously damaging to the economy, to consumer confidence. we were downgrades famously, and it is a testament to the american people and the american economy, the american business, and some of the success we have had working with congress that we have been able to rebound and the economy continues to grow and create jobs, but the fact is that was a self-inflicted won, and we can't have that nonsense anymore -- >> it's okay for people to engage in that nonsense if it's -- >> jake, i appreciate the question, and we
you were aware of this, senator obama was against -- >> we addressed that. there was no threat of default at the time. what happened in 2011, as we know, what happened, we lived it, most of us in this room, was the threat of default, a willingness expressed on the record and publicly by numerous members of congress to see the american's economy, and under defort, and with all of the consequent impacts on the global economy and the american middle class in order to achieve some sort of...
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Nov 29, 2012
11/12
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net $5 trillion in additional revenue and pay down the debt obama ran up and pay down in a decade from stronger growth. you don't get stronger growth by raising taxes, but less growth. raising taxes doesn't give you the revenue but growth gives you the revenue. notin favor of real growth imaginary revenue. >> the flip side of the tom cole argument, if you don't agree to a small tax hike now, tax hike, there will be a much bigger tax hike to take place which would be everyone's taxes would go up when the bush tax cuts expire and then democrats would get credit, the president will get credit for the largest middle-class tax cut in history on january 2. how does that politically benefit your team? >> how you work this out is how boehner and mitch mcconnell will competently do. boehner is the guy who has taken the pledge and kept it. he is the leader who kept every republican off the stimulus package. there were 30 or 40 republican appropriators who might have wanted to do shoplifting and part of that stimulus package and boehner was able to persuade them, don't touch it. it was a democrat
net $5 trillion in additional revenue and pay down the debt obama ran up and pay down in a decade from stronger growth. you don't get stronger growth by raising taxes, but less growth. raising taxes doesn't give you the revenue but growth gives you the revenue. notin favor of real growth imaginary revenue. >> the flip side of the tom cole argument, if you don't agree to a small tax hike now, tax hike, there will be a much bigger tax hike to take place which would be everyone's taxes would...
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Dec 6, 2012
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and under this administration, under president obama, we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we raise taxes to pay for more spending. this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an approach that calls for tax reform by reforming the tax code and passing responsible spending cuts in order to get our fiscal house in order. that's what america wants. this is our opportunity to do the big things. this is our moment to provide that leadership that america desperately wants and we stand here ready to take the action necessary. >> the american people are hurting right now and now is the moment where we need to step up to the plate and solve the problem. cann't know how any of us look our kids and grandkids in the eye and explain to them that we aren't willing to pay for the things
and under this administration, under president obama, we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we raise taxes to pay for more spending. this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an...
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couldn't boehner have made a real legacy that said i accept the debt deal that obama and i are negotiating which is essentially his opening offer now? wouldn't that have been the legacy that he could have rested his hat on? >> it would have been interesting. he essentially attempted to be a representative of his caucus rather than a leader of his caucus. >> exactly. >> it would have been interesting. i think he could have either been a great leader or burned and gone -- been taken down. it was a 50/50 proposition. >> all right. matt lewis, thank you so much. >> thank you, matt. >> fascinating. incredible read, "herding cats." >>> still ahead -- it's just cruel. i felt bat readid reading it. you know where i stand. >> cures cancer. >> let's see. >> okay. >>> coming up, we're going to bring in republican congressman tom cole who broke ranks with his party over the tax debate last week. can't wait to talk to him and get his insights. also, we'll be talking foreign policy with national security adviser dr. brzezinski. keep it right here on "morning joe." music is a universal language. but when
couldn't boehner have made a real legacy that said i accept the debt deal that obama and i are negotiating which is essentially his opening offer now? wouldn't that have been the legacy that he could have rested his hat on? >> it would have been interesting. he essentially attempted to be a representative of his caucus rather than a leader of his caucus. >> exactly. >> it would have been interesting. i think he could have either been a great leader or burned and gone -- been...